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Social security fund foresees threats.
Byline: Chatrudee Theparat
Jan. 9--To live happily after retirement, people need at least four million baht in savings in their pockets, according to estimates by the National Economic and Social Development Board (NESDB).
The agency also predicts that over the next 20 years, Thailand will be a more ageing society, with a greater portion of people over the age of 35 and a smaller number of young people.
The forecast has triggered fears at the Social Security Office (SSO) that the retirement fund might not be enough to cover the welfare of a growing number of older people covered by the SSO.
Founded in 1991, the SSO now has about 8.5 million members who make regular ...
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Source: HighBeam Research, Social security fund foresees threats.